Abu Dhabi Executive Board Signs Cooperation Agreement with Higher Institution for Specialized Zones, Kizad and Tawazan



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Abu Dhabi, November 26 (WAM) – Department of Economic Development (Abu Dhabi)
Abu Dhabi Business Development Center and Abu Dhabi Business Center
Higher Corporation of the Specialized Economic Zones and Industrial Balance Complex
"Balance" and Khalifa industrial zone "KIZAD" on the outsourcing of the service circuit
Commercial and industrial licenses and industrial inspection in three parts.

The agreement was signed on the sidelines of the third edition of the Abu Dhabi Business Forum
HE Rashed Abdulkarim Al Baloushi Acting Undersecretary with SE
Saïd Issa Al-Khaili, Director General of the Higher Corporation of the Specialized Economic Zones
Faiz Saleh Al Nahdi, Engineer, General Manager of the Industrial Balance Complex and the Fair
Salem Al Wahidi, Chief Financial Officer, Abu Dhabi Ports.

HE Rashid Abdul Karim Al Balushi said that the agreement signed by the Department with
Industrial developers in Abu Dhabi are part of the modernization and development strategy
What is implemented by the ministry to improve the effectiveness of government performance and increase the efficiency of its services
For the business sector, which requires effective cooperation with governmental and semi-governmental entities
Government organizations.

He explained that the department is concerned about issuing all economic licenses.
Types and activities for all investors, investors and others
The participation of its strategic partners in the activation and development of this service through outsourcing
Certain services related to the licensing of industrial and commercial economic activities
The main developers to host industrial, logistic and commercial projects in
Emirate of Abu Dhabi.

Al-Balushi stressed that this agreement would strengthen the role of developers
Industrialists to attract investors and provide them with the services necessary to establish
Projects via an investor service center that provides all the services
Required for investors to establish their projects and facilitate licensing and authorization procedures
Their transactions by coordinating with all government agencies within the limits of
The geographical area assigned to it.

He stressed that, in the context of achieving the goals of the Emirate's vision and strengthening the partnership between
All entities involved to implement the economic agenda of the emirate of Abu Dhabi
The Convention simplifies and speeds up procedures, exchange of experience and organization of work
Mutual benefit, increasing and thus improving investment opportunities
And the development of services provided by investors.

The agreement allows industrial developers to provide licensing services
Marketing, renewal, modification and cancellation, in addition to providing licensing services
Industrial investors within the developer's geographical area
On behalf of the Ministry of Economic Development, granting employees the power to use
The Economic Licensing System for the Provision of Business Licensing Services
And industrial.

The agreement also gives the power to manage industrial developers to perform tasks
Industrial inspection procedures for establishments under its geographical jurisdiction
According to the Industrial Inspection Manual approved by the Office of Industrial Development
From the Department, with the exception of infringement control procedures and the imposition of sanctions
And fines.

The agreement between the department and the industrial promoters defines the operational framework
Who governs their relationship with respect to all licensing procedures
And the commercial and industrial approvals under their jurisdiction to ensure continuity
Business and providing high quality services.

The Service has agreed with partners to strengthen cooperation and coordination to create a work system
Simplifies, facilitates and develops licensing procedures
Commercial, industrial and service investors engaged in industrial zones
The technical, organizational and procedural aspects adopted by the department.

WAM / Reem Al-Hajri / Abdel-Nasser Menem / Al-Khuli Assem / Imad Al-Ali

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